The headline numbers for L3Harris (LHX) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
L3Harris (LHX) came out with quarterly earnings of $2.41 per share, beating the Zacks Consensus Estimate of $2.32 per share. This compares to earnings of $3.06 per share a year ago.
LHX's Q1 results are expected to reflect robust top-line performance from three of its four business segments.
Beyond analysts' top -and-bottom-line estimates for L3Harris (LHX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2025.
L3Harris (LHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
L3Harris (LHX) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
LHX and Air Tractor supply the first missionized OA-1K Skyraider II aircraft to the U.S. Air Force Special Operations Command.
LHX is set to provide its upgraded Falcon IV radios to improve the communication systems of the Dutch Armed Forces.
L3Harris Technologies experienced substantial growth in 2024, with revenue rising from $19.4B in 2023 to $21.3B and EPS increasing from $6.44 to $7.87. All segments showed strong performance, with products revenue climbing from $13.7B to $15.1B and services revenue from $5.7B to $6.2B. The company's technological depth, strong financials, and favorable valuation contribute to its robust economic moat and positive future outlook.
L3Harris Technologies gets prior buy rating reaffirmed, after price dip below moving average. The firm has a proven model of profitability growth, free cashflow generation to support dividend growth, new contract wins, and a low leverage risk with a strong credit rating. L3H is among the top 10 of defense/aerospace firms, giving it a unique market position but also competition from key peers.
L3Harris won the contract to build a fleet of Skyraider II fighter planes for U.S. Special Operations Command.
LHX hikes its quarterly dividend payout to $1.20 per share. This increase represents the company's 24th consecutive annual dividend hike.